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OPEN-SOURCE SCRIPT

Pips-Stepped MA of RSI Adaptive EMA [Loxx]

By loxx
Updated
Pips-Stepped MA of RSI Adaptive EMA [Loxx] is a pips-stepping, adaptive moving average that first, filers source input price using an EMA calculated using an RSI-modified alpha value and second, and last, its plugged into a pips-stepping algorithm to output the final chart signals. This is mainly a forex indicator although it can be used for any asset, but you must adjust the step size to pips relative to the asset, For Bitcoin this may be 5000 or more.

Included
  • Bar coloring
  • Signals
  • Alerts
  • Loxx's Expanded Source Types
  • Loxx's RSI Variety RSI types


Release Notes
Small error fix.
Release Notes
Algorithm update
Release Notes
Removed unused inputs.
Release Notes
Fixed error on no decimal tickers.
Release Notes
Fixed error.
Release Notes
Error fixes
Release Notes
Small ui fixes
Release Notes
Updated formulas.
adaptiveadaptiveemacuttlersrsiehlersehlerssmoothedrsiharrisrsipipsRelative Strength Index (RSI)slowrsisteppedwilder

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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loxx
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